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MCCOURT FOUNDATION INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MCCOURT FOUNDATION INC (EIN 90-0623963)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-08-17
IRS object ID
201822299349300402
Schema version
2017v2.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-08-17T09:00:16-04:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271616877PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Melissa Gilroy CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 Greenacre RdAddressLine1Txt
CityWestwoodCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02090ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN900623963EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The McCourt Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMCCOBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 Grandview RoadAddressLine1Txt
CityBraintreeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBrian McCourtPersonNm
Person TitlePresidentPersonTitleTxt
Phone6178722956PhoneNum
Signature2018-07-30SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMelissa GilroyPreparerPersonNm
PTINP01069703PTIN
Phone7816964019PhoneNum
Preparation2018-08-17PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$637,698GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionThe organizations mission is (1) to raise donations to fund much needed Alzheimers disease and Multiple sclerosis research (2) educate patients and caregivers with day to day challenges of these diseases with medical updates and seminars throughout the year.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$599,556PYContributionsGrantsAmt
CY Contributions Grants$622,072CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$13,904PYInvestmentIncomeAmt
CY Investment Income$15,185CYInvestmentIncomeAmt
PY Other Revenue$3,742PYOtherRevenueAmt
CY Other Revenue$441CYOtherRevenueAmt
PY Total Revenue$617,202PYTotalRevenueAmt
CY Total Revenue$637,698CYTotalRevenueAmt
PY Grants And Similar Paid$313,080PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$295,877CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$80,720PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$233,941CYTotalFundraisingExpenseAmt
PY Other Expenses$132,055PYOtherExpensesAmt
CY Other Expenses$290,863CYOtherExpensesAmt
PY Total Expenses$525,855PYTotalExpensesAmt
CY Total Expenses$586,740CYTotalExpensesAmt
PY Revenues Less Expenses$91,347PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$50,958CYRevenuesLessExpensesAmt
Total Assets BOY$1,006,857TotalAssetsBOYAmt
Total Assets EOY$1,132,365TotalAssetsEOYAmt
Total Liabilities BOY$29,233TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,165TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$977,624NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,116,200NetAssetsOrFundBalancesEOYAmt
MissionThe organizations mission is (1) to raise donations to fund much needed Alzheimers disease and Multiple sclerosis research (2) educate patients and caregivers with day to day challenges of these diseases with medical updates and seminars throughout the year.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$313,133ExpenseAmt
DescFunding projects to support research into cures for Alzheimers disease and Multiple Sclerosis.Desc
Total Program Service Expenses$313,133TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBrian McCourtPersonNm
Phone6178722056PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 Grandview RdAddressLine1Txt
CityBraintreeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Ryan McCourt
Director2.000.00Yes (X)$0$0$0
Brian McCourt
President8.000.00$0$0$0Yes (X)
Paul McCourt
Treasurer5.000.00$0$0$0Yes (X)
Peter McCourt
Clerk2.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$622,072AllOtherContributionsAmt
Total Contributions$622,072TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,185TotalRevenueColumnAmt
Exclusion$15,185ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther incDesc
Business624100BusinessCd
Total Revenue Column$441TotalRevenueColumnAmt
Related Or Exempt Func Income$441RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$441OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$637,698TotalRevenueColumnAmt
Related Or Exempt Func Income$441RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$15,185ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$295,877TotalAmt
Program Services$295,877ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,868TotalAmt
Management And General$16,868ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$94,957TotalAmt
Fundraising$94,957FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,497TotalAmt
Program Services$3,132ProgramServicesAmt
Management And General$4,249ManagementAndGeneralAmt
Fundraising$1,116FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,569TotalAmt
Program Services$2,569ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,797TotalAmt
Management And General$2,797ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CRM consultant$39,327$39,327
Marketing$11,555$11,555
Merchant and Investment fees$15,752$15,752
Event expenses$98,541$98,541

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$586,740TotalAmt
Program Services$313,133ProgramServicesAmt
Management And General$39,666ManagementAndGeneralAmt
Fundraising$233,941FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$378,258BOYAmt
EOY$357,320EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$628,599BOYAmt
EOY$775,045EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,006,857BOYAmt
EOY$1,132,365EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$29,233BOYAmt
EOY$16,165EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$29,233BOYAmt
EOY$16,165EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$977,624BOYAmt
EOY$1,116,200EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$977,624BOYAmt
EOY$1,116,200EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,006,857BOYAmt
EOY$1,132,365EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$50,958ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$87,618NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$354,797CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$532,350CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$474,438CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$599,556CurrentTaxYearMinus1YearAmt
Current Tax Year$622,072CurrentTaxYearAmt
Total$2,583,213TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$354,797CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$532,350CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$474,438CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$599,556CurrentTaxYearMinus1YearAmt
Current Tax Year$622,072CurrentTaxYearAmt
Total$2,583,213TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,583,213PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,130CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,253CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,769CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,596CurrentTaxYearMinus1YearAmt
Current Tax Year$15,664CurrentTaxYearAmt
Total$70,412TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$441CurrentTaxYearAmt
Total$441TotalAmt
FieldValueIRS element (for citing)
Total Support$2,654,066TotalSupportAmt
Public Support CY1700.97330PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Rev Etc Audited Fincl Stmt$725,316TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$87,618NetUnrealizedGainsInvstAmt
Revenue Not Reported$87,618RevenueNotReportedAmt
Revenue Subtotal$637,698RevenueSubtotalAmt
Total Revenue Per Form990$637,698TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$586,740TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$586,740ExpensesSubtotalAmt
Total Expenses Per Form990$586,740TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmt
Brigham and Womens Health Care
75 Francis StreetBostonMA02115042921338$100,000
Massachusetts General Hospital
100 Cambridge Street Suite 1310BostonMA02114041564655$150,000
Joslin Diabetes Center Inc
One Joslin PlaceBostonMA02215042203836$5,280
Spina Bifida Association of America
1600 Wilson Blvd Suite 800ArlingtonVA22209581342181$28,406
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Officer directors etc family relationship Part VI line 2The officers of the company are related to each other.
Form 990 governing body review Part VI line 11The Board reviews the 990 prior to its filing.
Governing documents etc available to public Part VI line 19The governing documents are available to the public either through the MA AGs website or by request.
List of other fees for services expenses Part IX line 11gOther services relate to fundraising consulting services.
General explanation attachmentMission continued -(3) to create awareness of Alzheimers and Multiple Sclerosis within the community.